Martin Potokar
Property Condition Assessment (PCA) Pays Huge Dividends & More...
Forward
The post you are about to read is based upon a factual account of a property condition assessment (PCA) recently completed for a commercial real estate property consisting of a multi-tenant industrial office ...
Kimberly H.
Requring rentable condition at time notice of moving given?
Our lease requires 60 day notice of move-out.Our lease requires the condition of the house be restored to move-in condition, minus normal wear and tear, before move out, to get full security deposit returned.We are up...
Account Closed
REO in pristine condition (situation doesn't seem quite right)
This is a continuation of my last thread with more detial. I'm a relatively new rehabber in central Kentucky and so far I've had a fair amount of success flipping REOs from the MLS.Today I took a look at a 4/2.5 SFR c...
Donald Graham
51% occupancy on condo a condition for a loan?
I recently made an accepted offer on a condo, approved by a bank, appraisal has been done, and now I am learning of the 51% owner occupancy contingency for the loan as an investor. I believe the units are 50/50 renta...
Account Closed
How do you wholesale a home in perfect condition
I have found an awesome home I want to get under contract but i dont know how to get my numbers to work since the seller doesnt want to budge much. The home is valued at 140,000 and they had it listed at 139k. I have ...
Andrea Tapp
Is it required to have Seller's Property Condition Disclosure?
Hello,We are writing up our first contract on an offer, and I had a question about the Property condition disclosure. I would like to have the seller fill out the property condition disclosure, but is it required? I...
Ross Morgan
Inspection confirmed both furnaces are not in working condition
Two-flat inspected yesterday, nothing major but neither furnace fired up, both are 15-20 years old. Preparing contingency request(s) today. What is the likelihood that the seller will replace the furnaces?
Brien Ables
Info in the Property Condition Disclosure Statement is incorrect
I am purchasing a property and have come to find out that the info in the property condition disclosure statement is incorrect. The seller has the HVAC system listed at 6 years old, and I have found out that it is 18...
Philip Bashaw
Determining Current Value Based on Rent Rolls and Condition?
Hello BP!I am very interested in multifamily investing. Initially, I want to start with a small apartment building with 12-20 units in a good area with high occupancy rates. I live in Atlanta, GA where there are loads...
Ken Klingler
In TN, does warranty of habitability include air conditioning?
We have a tenant who has been very unreliable in paying their rent for a LOOOONG time, and we are finally getting around to eviction. Recently their AC unit has stopped functioning, and they want it fixed. Is this goi...